First Calgary Petroleums records 29 million mmcf/d of gas at Algeria’s Ledjmet Block

Published March 4th, 2003 - 03:00 GMT

First Calgary Petroleums has reported that production testing of the MLE-2 gas well at Algeria’s Ledjmet Block 405b is progressing very favorably. Two of the six intervals to be tested have flowed at

First Calgary Petroleums has reported that production testing of the MLE-2 gas well at Algeria’s Ledjmet Block 405b is progressing very favorably. Two of the six intervals to be tested have flowed at cumulative rates of 29 million cubic feet per day (mmcf/d) of gas and 6,600 barrels per day (bbl/d) of condensate.

Testing of the remaining four intervals is proceeding and final results are expected within the next 14 days. MLE-2 is the second well First Calgary has on the Ledjmet block; the first well, MLE-1 having tested 43 mmcf/d of gas and 1,745 bbl/d of condensate from three zones. Further appraisal drilling on the Ledjmet Block is expected to be announced after final test results.

The company’s YCB-1 well located at Yacoub Block 406a encountered non-commercial oil in two of the three zones mapped and is being abandoned. The well results are being reviewed and tied to the 3D seismic and the company's future drilling plans for the Yacoub block will then be announced.

The company has gone to tender for the acquisition of 600 square kilometers of 3D seismic on each of the Blocks. The programs are planned to commence April 2003. — (menareport.com)